REPORT: Fort Worth Targeting 60 Other Developments Using Amazon H2Q Bid

Posted by Kenneth Cox on Friday, November 30th, 2018 at 3:31pm.

Forth Worth Real EstateIf you’re discouraged that DFW didn’t win the Amazon H2Q bid, new reports have recently been floated out there that the city of Fort Worth is using their same H2Q offer to attract 60 other potential development projects of varying sizes.

According to the Dallas Morning News, roughly 25% of the companies considering those potential projects already have a presence in DFW and that Fort Worth also offered Amazon an incentive package worth $443.2 million had they chose North Texas for their second headquarters. That package was based on the retail giant investing $750 million and creating another 10,000 jobs for the DFW area.

Although additional details about what could possibly be on the horizon or what companies are looking into a major expansion project in Fort Worth are still unclear, the good news is that it seems the city is serious about strong economic growth heading into 2019 and beyond.

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